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absolutely, overtime, this is a long-term change in the economy. there are fewer people in the workforce. it is unclear where that is going to go. it is not realistic to think everyone who had a job best recession will have a job after the recession. a lot of the jobs are gone. that reflects major change happening in the machinery of the economy. that will take a long-term to lay out. >>trace: thank you, rick, good to see you. the deadly attacks in libya exposing aist between the obama administration and high ranking intelligence officials. what we are leng -- learning about the internal debate that followed the murder of four americans. and a recall of potentially contaminated drug expands, the latest meningitis cases are ahead. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. c
absolutely, overtime, this is a long-term change in the economy. there are fewer people in the workforce. it is unclear where that is going to go. it is not realistic to think everyone who had a job best recession will have a job after the recession. a lot of the jobs are gone. that reflects major change happening in the machinery of the economy. that will take a long-term to lay out. >>trace: thank you, rick, good to see you. the deadly attacks in libya exposing aist between the obama...
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only 32% of latinos think the republican party can fix the economy. this is compared to 62% who think democrats can do it. so while those numbers paint a picture of how the candidates are doing, we're going deeper. this weekend we're bringing you an in depth look with our documentary special latino in america, counting their vote. soledad o'brien went to the state of nevada. take a look. ♪ >> reporter: january 24th, 2012, washington d.c. >> i get the chills every time i walk by this building. ♪ >> reporter: congressional candidate ruben could youen has traveled across the country as a guest of his mentor, senator harry reid, to attend the state of the union address. >> this is maybe a once in a lifetime opportunity. god willing, we win this election in june, and in november and next year i'll be searching in this body as a member of congress listening to that speech. ♪ >> reporter: while in washington, ruben makes a point to meet with key latino congressmen. >> should be there. a few more offices. >> reporter: like congressman beccerra. >> congr
only 32% of latinos think the republican party can fix the economy. this is compared to 62% who think democrats can do it. so while those numbers paint a picture of how the candidates are doing, we're going deeper. this weekend we're bringing you an in depth look with our documentary special latino in america, counting their vote. soledad o'brien went to the state of nevada. take a look. ♪ >> reporter: january 24th, 2012, washington d.c. >> i get the chills every time i walk by...
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policies are working, that his agenda is finally getting traction in the economy. here's what the president had to say. >> there are too many middle class families that are still struggling to pay the bills. they were struggling long before the crisis hit. but today's news certainly is not an excuse to try and talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> that was friday right after the jobs numbers came out. i'll point out two meaningful things about those jobs numbers. one, you recall when his stimulus plan came out somebody in his administration said with the stimulus plan. it was never a promise, a projection. symbolically it's meaningful this is now below 8%. also now it's fallen for the first time not because fewer people are looking for jobs. actually, the number of people looking for jobs rose slightly. so it's two pieces of good news for the obama campaign in a weak they really needed something. >> the bad news was the president's own performance in the debate. i'm told the pr
policies are working, that his agenda is finally getting traction in the economy. here's what the president had to say. >> there are too many middle class families that are still struggling to pay the bills. they were struggling long before the crisis hit. but today's news certainly is not an excuse to try and talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> that was friday right after the jobs numbers...
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back, keep the economy moving in the right direction. the labor market is clearly improving. frankly, many of us -- i'm sure the president as well would like to see it improving more quickly. but it's unquestionably a recovery, unquestionably moving in the right direction. should it be moving there more quickly? would we like to see that? absolutely. but no question there's positive momentum. >> economists and the cbo have given the projection of roughly 12 million jobs to be added over the next four years. this was the big talking point for mitt romney is he will create these jobs during his presidency. but this is already an established number. that this is coming on the economic path that we're already on. >> effectively, yes. and the private economists and the cb o economists in their budget estimates have put this number out there. and, yeah, the path would allow for that, although we've only recaptured 5 million jobs of the 8 million lost in the recession in the last three or four years. so we don't know what that number is actuall
back, keep the economy moving in the right direction. the labor market is clearly improving. frankly, many of us -- i'm sure the president as well would like to see it improving more quickly. but it's unquestionably a recovery, unquestionably moving in the right direction. should it be moving there more quickly? would we like to see that? absolutely. but no question there's positive momentum. >> economists and the cbo have given the projection of roughly 12 million jobs to be added over...
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elect me, i can turn the economy around. but today the rationale for his entire campaign is crumbling. the new job numbers are out and unemployment has dropped to 7.8%. under 8% for the first time since president obama first came into office. that's progress on jobs and that's good for america. but it's absolutely demolishes a favorite romney talking point. >> three years later, unemployment is still above 8%. >> we've gone 41 months with unemployment above 8%. >> we've had 42 straight months with unemployment above 8%. >> still 8% with over 43 straight months. >> today, that talking point disintegrated and president obama has a strong record to campaign on. >> this morning we found out that the unemployment rate has fallen to the lowest level since i took office. but today's news certainly is not an excuse to try to talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> now, governor romney issued a statement today saying, quote, this is not what a real
elect me, i can turn the economy around. but today the rationale for his entire campaign is crumbling. the new job numbers are out and unemployment has dropped to 7.8%. under 8% for the first time since president obama first came into office. that's progress on jobs and that's good for america. but it's absolutely demolishes a favorite romney talking point. >> three years later, unemployment is still above 8%. >> we've gone 41 months with unemployment above 8%. >> we've had 42...
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the economy created more jobs than previously estimated. there are people who don't like this number at all. leading the band is the legendary ceo of general electric, jack welsh. here's the tweet you put out this unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. and i'm just wondering, i understand the way it works the president gets a heads up on the unemployment number 4:00 the day before and has to keep it to himself. you're saying in your tweet this morning that the news went the other way, the people working for the president somehow got the bureau of labor statistics and played with the numbers so it's down below 8 today. how does it work from your perspective? what happened here? >> all i can talk about are some of the numbers. we had 600,000 government jobs added in the last two months. we had 873,000 jobs by a household survey, which is a total estimate, from 50,000 phone calls. of those 600,000 were temporary workers. chris, these numbers are all a series of assumptions. tons of assu
the economy created more jobs than previously estimated. there are people who don't like this number at all. leading the band is the legendary ceo of general electric, jack welsh. here's the tweet you put out this unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. and i'm just wondering, i understand the way it works the president gets a heads up on the unemployment number 4:00 the day before and has to keep it to himself. you're saying in your...
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i just raised the question about the economy. do you think we have had a -- does it feel like a 6 percent improvement in employment in the last 60 days? does it feel that way? >> take a listen to both governor romney and president obama on the trail spinning their number. >> we found out the unemployment rate is to the lowest level since i took office. more americans entered the workforce, more people are getting jobs. >> the truth is, if the same share of people were participating in the workforce today as on the day the president was elected our unemployment rate would be around 11 percent, that is the real reality of what is happening out there. if you add the people they say left the workforce, which, by the way, they are not calling every person but estimating that number, if you add that back in, governor romney is right, it seemed to be in excess of 11 percent. >>guest: the number has a lot room in it and it came out very favorably just .1 percent below when the president took office. now, i was born in salem, massachusett
i just raised the question about the economy. do you think we have had a -- does it feel like a 6 percent improvement in employment in the last 60 days? does it feel that way? >> take a listen to both governor romney and president obama on the trail spinning their number. >> we found out the unemployment rate is to the lowest level since i took office. more americans entered the workforce, more people are getting jobs. >> the truth is, if the same share of people were...
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but i'm involved in this economy in a very deep way right now in lots of businesses, and this economy is not growing, i guarantee you, at 5%. >> they say a number of these workers are seasonal numbers and maybe work for smaller companies that aren't really tracked in the way the bls tracks these numbers, and so maybe it's small jobs here and there. >> maybe, but let's face it. the number that came out today from the household survey was the highest number since june of '83. >> but what evidence -- >> i have no evidence. >> you don't have any evidence. it's one thing to doubt the numbers and say they should be revised. you said, these chicago guys will do anything. >> last night i had a question mark. >> you wish it was, will these chicago guys -- okay. so you don't really stand by the notion -- >> i stand by it. i stand by these numbers should be examined. >> but do you stand by these chicago guys will do anything? >> i'm not going to change my tweet. i'm not accusing anybody of anything. >> but you say these chicago guys will do anything. >> you see they called romney a liar for the
but i'm involved in this economy in a very deep way right now in lots of businesses, and this economy is not growing, i guarantee you, at 5%. >> they say a number of these workers are seasonal numbers and maybe work for smaller companies that aren't really tracked in the way the bls tracks these numbers, and so maybe it's small jobs here and there. >> maybe, but let's face it. the number that came out today from the household survey was the highest number since june of '83. >>...
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it's no day to talk down the economy to score political points. but shadowing the president in virginia, mitt romney waited nine minutes deep into his scintillating stump speech before even mentioning the big news of the day, delivering it like a speech at a funeral. >> there were fewer new jobs created this month than last month, and the unemployment rate, as you know, to this year has come down very, very slowly. of course, even those that have jobs are having tough times. >> okay. but give mr. romney credit because he actually admits the unemployment rate did come down. unlike prominent conservative jack welch who tweeted this morning, unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. okay. tuesday he was a ruthless race baiter. yesterday he was a feckless delivery boy. today he's don corleone, and there's more where that came from. congressman west, take it away. >> you are alleging specifically that the president is engaging in a cover-up of the data. you are saying that the administration is act
it's no day to talk down the economy to score political points. but shadowing the president in virginia, mitt romney waited nine minutes deep into his scintillating stump speech before even mentioning the big news of the day, delivering it like a speech at a funeral. >> there were fewer new jobs created this month than last month, and the unemployment rate, as you know, to this year has come down very, very slowly. of course, even those that have jobs are having tough times. >>...
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, the economy was in free fall. and since then, it's gotten better. at first, it got worse at a slower rate. that's not a great slogan. but for the last 2 1/2 years, it has gotten steadily better in the sense that jobs have grown every year. every month. >> and sam, when you talk to the obama campaign, the particular way they see the voters who are going to side with them, or at least a lot of them practically swing voters, is what they believe, as alice said, we have a very deep hole to dig out of. we're not there but we're doing as good as we can expect to be doing. and there's been there important psychological barrier of 8%. does getting underneath that barrier to 7.8% really do much for president obama's talking point, that we have come a long way and now voters should let him finish the job, or do these kind of changes in numbers matter in washington but they're not what voters see around them so they're kind of a story here but not actually in the campaign. >> first of all i'm glad you asked alice the economi
, the economy was in free fall. and since then, it's gotten better. at first, it got worse at a slower rate. that's not a great slogan. but for the last 2 1/2 years, it has gotten steadily better in the sense that jobs have grown every year. every month. >> and sam, when you talk to the obama campaign, the particular way they see the voters who are going to side with them, or at least a lot of them practically swing voters, is what they believe, as alice said, we have a very deep hole to...
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what do these numbers mean for the economy? i asked cnn business correspondent alison kosik if this is good news. >> just okay news. you know, if you want it to be positive, take a look at this. we were losing 800,000 jobs a month during the depths of the recession and for the past two years we have been adding jobs. that is good news right there. you flip over the coin and the fact of the matter is, the job creation that is going on isn't strong enough. we have yet to gain back what we lost during the recession. the biggest job gains in september were actually in part-time jobs. what we really need to see are more full-time jobs being added. there are good things going on in the economy. housing is recovering. and consumer confidence is picking up and spending is rebounding. there are a lot of positive signs in the economy, but certainly not full steam ahead, especially when you talk about the job market. >> as you mentioned, housing is up, which is great and consumer confidence. let's talk about the jobs a little more. where
what do these numbers mean for the economy? i asked cnn business correspondent alison kosik if this is good news. >> just okay news. you know, if you want it to be positive, take a look at this. we were losing 800,000 jobs a month during the depths of the recession and for the past two years we have been adding jobs. that is good news right there. you flip over the coin and the fact of the matter is, the job creation that is going on isn't strong enough. we have yet to gain back what we...
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. >> it's not an excuse to talk down the economy and score a few political reports. >> this is manna from heaven. >> do you worry you've offended the 47%. >> it's not elegantly stated. >> obama: my opponent has been trying to reposition. >> it's completely wrong. >> obama: he said he would eliminate funding for public television. thank goodness someone is getting tough on big bird. we didn't know that big bird was driving the federal government. >> cenk: great numbers unelement has fallen to a 44-month low to 7.8%. it used to be at 8.1% so we're finally below 8%. 114,000 jobs have been added and the july and august numbers added moreobobhich happepe all the t time.im thisthss gat gewatew foror america. more people back at work. so of course the republicans are celebrating right? of course not. no way. they're panicked over it. oh, my god this is going to cause us this election. dammit, i can't believe more americans are working. now go to unbelieving. unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. that's ironic coming from jack welsh
. >> it's not an excuse to talk down the economy and score a few political reports. >> this is manna from heaven. >> do you worry you've offended the 47%. >> it's not elegantly stated. >> obama: my opponent has been trying to reposition. >> it's completely wrong. >> obama: he said he would eliminate funding for public television. thank goodness someone is getting tough on big bird. we didn't know that big bird was driving the federal government....
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the economy is struggling to get on its feet. why would you have congressman alan west and others say that the books are cooked when you could secertainly just point to the fact of the economy and the recovery is going slowly? why then put in this conspiracy somehow that the books were cooked? if the obama administration cooked the books, certainly the bush administration would have done so in those terrible years when the economy turned, or if someone in the administration has that kind of power. >> yeah. i actually agree 100% with mr. harwood and with tony whose tweet you quoted. you don't have to attack the integrity of the number to attack the substance of the numbers. 114,000 new jobs is nothing to celebrate. it takes 150,000 new jobs every month to absorb new work into the work force. we have 3.4 college graduates this year that need to find jobs and need 150,000 jobs to stosh them and the other people entering the work force. back in 2004 barack obama attacked president bush for a jobs report where 300,000 jobs were create
the economy is struggling to get on its feet. why would you have congressman alan west and others say that the books are cooked when you could secertainly just point to the fact of the economy and the recovery is going slowly? why then put in this conspiracy somehow that the books were cooked? if the obama administration cooked the books, certainly the bush administration would have done so in those terrible years when the economy turned, or if someone in the administration has that kind of...
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and politico morningen money economy reporter ben white. you were inspector general at the treasury department, did anyone ever credibly allege that numbers like this could be or would be tampered with? >> certain numbers can be spun, manipulated and certainly the political officials at the treasury department did their best to make numbers look better than they did that's cagey accounting. but here suggesting that literally dozens of career civil servants oh who are not affiliated with one political party or another, putting their careers in jeopardy to fix a fundamental number, that's not realistic. >> eliot: i'm brought to donald rumsfeld, and you subscribe to this good numbers and bad numbers, and that's the economy. >> good numbers bad numbers and this is a very--a number that moves around a lot. particularly in the household survey. it will swing up and down and that happens. the idea that this is manipulated ridiculous, it's impossible for it to be done and if they're going to do it, it's not going to be done in this way. >> eliot: i
and politico morningen money economy reporter ben white. you were inspector general at the treasury department, did anyone ever credibly allege that numbers like this could be or would be tampered with? >> certain numbers can be spun, manipulated and certainly the political officials at the treasury department did their best to make numbers look better than they did that's cagey accounting. but here suggesting that literally dozens of career civil servants oh who are not affiliated with...
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how can we have the greatest economy since june of '83? >> there are legitimate questions about how the house -- it seems like your problem is how the house survey is done and that's always very legitimate. >> i don't want to have a lot of discussion about it. >> your tweet certainly has provoked discussion, but again -- >> this election is too important for one member based on 60,000 phone calls and 100 million plus people to determine the outcome. >> but you say, these chicago guys will do anything -- >> that's what i tweeted. >> but you don't stand by it tonight? >> what do you mean i don't stand by it? i have a tweet out there that i stand by. i can't prove they did anything to anything. >> in your heart, you believe they somehow cooked the books? >> i don't really know. but i do know this, that these numbers are implausible. >> so many politicians these days, like michelle bachmann will say something and then say, i'm just asking the question. >> i should have put the question mark there like i did last night. a question mark would ha
how can we have the greatest economy since june of '83? >> there are legitimate questions about how the house -- it seems like your problem is how the house survey is done and that's always very legitimate. >> i don't want to have a lot of discussion about it. >> your tweet certainly has provoked discussion, but again -- >> this election is too important for one member based on 60,000 phone calls and 100 million plus people to determine the outcome. >> but you say,...
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your office needs covered unfortunately staples business model has the destruction of the american economy covered to tell you winds and eyes. in the most of the rest of the news this week the two thousand and three u.s. soldier was killed in afghanistan this is the nation's longest running war and it's also the forgotten war the two thousand death of an american soldier didn't get near the attention it deserves in our corporate media nor did how many afghan civilians have been killed in this war the u.n. estimates that more than thirteen thousand innocent afghan civilians have died so far although the u.n. only started keeping track in two thousand and seven six years after the war started so the numbers probably much closer to twenty thousand or maybe. and many more than that a lot of dead innocent men women and children today would turmoil in the middle east the mainstream media asked silly questions about the muslim world like why do they hate us maybe it has something to do with those civilian death tolls it's becoming increasingly creasy only obvious that drone warfare is a real part
your office needs covered unfortunately staples business model has the destruction of the american economy covered to tell you winds and eyes. in the most of the rest of the news this week the two thousand and three u.s. soldier was killed in afghanistan this is the nation's longest running war and it's also the forgotten war the two thousand death of an american soldier didn't get near the attention it deserves in our corporate media nor did how many afghan civilians have been killed in this...
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we are right back at the starting line on the economy. this is a failed president. there is no doubt about it. >> greta: the polls are out. some polls, right now, we are starting to see in postdebate polls that the impact of governor romney's win. it looks like governor romney is closing the gap in several swing states. according to a new rasmussen poll. in ohio, president obama is leading romney by 1 percentage point n. virginia, governor romney leads 49-48%. in florida, governor romney leads by 2 percentage points. 49-47. all three are in the markin of error, but they do show gains by governor romney. it appear hes got a bounce? >> he got somewhat of a bounce. this is like a great wave, greta it's vitally important, i think we are not going to see how far the wave rolls up the beach until the polls are taken postdeigate -- post-debate, especially in ohio, if he's tied then or ahead in ohio, after that, and virginia and florida, it is a brand-new ballgame. in ohio, i think that's the critical state and the toughest one for the governor. >> greta: what is interestin
we are right back at the starting line on the economy. this is a failed president. there is no doubt about it. >> greta: the polls are out. some polls, right now, we are starting to see in postdebate polls that the impact of governor romney's win. it looks like governor romney is closing the gap in several swing states. according to a new rasmussen poll. in ohio, president obama is leading romney by 1 percentage point n. virginia, governor romney leads 49-48%. in florida, governor romney...
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harvest fall crops to feed us doctors harvest organs to save us and then there's mitt romney who harvests economies to add it is a big fat wallet and screws all over america really willing to let this guy become a harvester in chief of the united states also the national federation of independent businesses is supposed to look out for the little guys the bought and pop shops on main street so why is that group doing the bidding of large corporations instead and purging thousands of eligible voters off the voting rolls isn't enough for some sunshine state conservatives how else are republicans in florida and around the nation trying to steal the election in november. you need to know this do you remember what the american dream used to me i do used to mean working hard keeping your nose clean getting enough of a paycheck so you could raise a family meet all the basic essential is you need be able to take a vacation every now and then and afford a real quality retirement and if you wanted to be really successful climb to the highest rungs of the american dream used to mean coming up with an idea to s
harvest fall crops to feed us doctors harvest organs to save us and then there's mitt romney who harvests economies to add it is a big fat wallet and screws all over america really willing to let this guy become a harvester in chief of the united states also the national federation of independent businesses is supposed to look out for the little guys the bought and pop shops on main street so why is that group doing the bidding of large corporations instead and purging thousands of eligible...
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we know the economy's got to get better. the president said that yesterday, but he also went a little further in touting those job numbers and of course the context means so much. two campaign rallies in two swing states, in virginia and ohio. he did the same in both states, largely said the same thing. meanwhile, mitt romney at a campaign rally in virginia downplayed the numbers saying this is not the recovery we want. a lot of people have simply quit looking for work out of frustration, artificially driving the number down. alex in reality talking about the so-called real unemployment rate. that's down as well. a year ago, exactly a year ago last september it was way up above 16%. no question coming off the president's poor debate performance, this was something romney needed. comes as become news from a political standpoint not to mention the millions looking for work. >> absolutely. more from jack welch's appearance on "hardball." take a listen to this, mike. >> reporter: do you mean it's a coincidence or do you mean you
we know the economy's got to get better. the president said that yesterday, but he also went a little further in touting those job numbers and of course the context means so much. two campaign rallies in two swing states, in virginia and ohio. he did the same in both states, largely said the same thing. meanwhile, mitt romney at a campaign rally in virginia downplayed the numbers saying this is not the recovery we want. a lot of people have simply quit looking for work out of frustration,...
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just a fact, the economy in 2012 is worse than the economy in 2011. and the economy in 2011 is worse than the recovery summer job year of 2010. how did they make this claim? >> well, look, the economy is slowing up. and the numbers bear it out. the number -- you used -- there are two job numbers. there is the household survey, which generated this very high number, which doesn't smell right. then there is the number on which they base unemployment, which is the so-called business survey or company survey. that shows 114,000 new jobs created in september. you are right. that's less than in august, less than in july. and the economy is showing every sign, at least from an employment perspective of slowing down and the number growing less. remember this, we need to create 150,000 new jobs a month just to stay even. that's how many -- 140- or 150,000 new job workers need to come to work every month. we are not creating the number of jobs to stay up with the population. think about this -- log at this rate do you think tell take to get back to the number o
just a fact, the economy in 2012 is worse than the economy in 2011. and the economy in 2011 is worse than the recovery summer job year of 2010. how did they make this claim? >> well, look, the economy is slowing up. and the numbers bear it out. the number -- you used -- there are two job numbers. there is the household survey, which generated this very high number, which doesn't smell right. then there is the number on which they base unemployment, which is the so-called business survey...
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they think the economy's starting to get better. on the right track, wrong track numbers it's getting a little bit better. i think this just confirms a growing sense that we're moving forward. we're getting there. it's been a tough slog. we went from an economy that was losing nearly 800,000 jobs a month when president obama took office to a place now where the economy has created 5.2 million new jobs. so we're getting there. we're not there yet but we're getting there. >> john, mitt romney yesterday amid all the ecstasy about his debate performance took time on fox to say that he was now very sorry for saying what he said about the 47%. was that a smart political move in a moment of everyone feeling good about you to just bury that away? >> i think the timing was right that he said that, but i do hope he doesn't move away from what the bigger argument that he was trying to make, is that there are two choices in america today. are we going to become a country very, very dependent on big government that says give me all your money, g
they think the economy's starting to get better. on the right track, wrong track numbers it's getting a little bit better. i think this just confirms a growing sense that we're moving forward. we're getting there. it's been a tough slog. we went from an economy that was losing nearly 800,000 jobs a month when president obama took office to a place now where the economy has created 5.2 million new jobs. so we're getting there. we're not there yet but we're getting there. >> john, mitt...
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how do they go out now and talk down the economy even further? it's really difficult to do given this significant accomplishment. and i think what is even more significant about this, you know, after the debate performance in which we all agree was not good on behalf of the president, the republicans and the governor, governor romney's campaign thought they had momentum. this now i would say has popped that balloon in a significant way and allows the president now to go out there as he did today in a very forceful way and make the argument that the country is moving in the right direction. you do not want to take us back in the wrong direction. >> you know, in a lame duck session of the congress we had this big discussion about the bush tax cuts. the republicans are so far off their game right now their reaction today should have been well we told president obama to extend the bush tax cuts. you can't raise taxes on the job creators. they don't even know their own talking points. what do they do now? they come out and accuse the president and the
how do they go out now and talk down the economy even further? it's really difficult to do given this significant accomplishment. and i think what is even more significant about this, you know, after the debate performance in which we all agree was not good on behalf of the president, the republicans and the governor, governor romney's campaign thought they had momentum. this now i would say has popped that balloon in a significant way and allows the president now to go out there as he did...